The Man In The Arena
The time is right for the Web to unleash its full market-destroying power on the finance world
caspar 23:30 on 20. July 2009 | 0 Permalink | Reply
Image by Dystopos via Flickr
“What’s awesome about the Internet is how it breaks up monopolistic markets where middlemen unfairly gobble up outsized fees, leaving us little choice but to keep paying them. It happened with software, it happened with music, and it’s happening now with media. But there are a few sectors of our economy that have stayed mostly undisrupted—one of them is banking.”
(more at techcrunch)
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